270 Garrison Rd - Apartments FOR SALE


Williamsville, NY 14221
$2,800,000 USD
716-884-4437
270 Garrison Rd, Williamsville, NY for Sale
$2,800,000 USD
Apartments - FOR SALE
1/6
null | 5.44% Cap Rate

270 Garrison Rd
Williamsville, NY 14221


HIGHLIGHTS

  • Brick apartments with separate utilities
  • Large luxury apartments with attached parking garages
  • Remodeled kitchens and bathrooms
  • Williamsville Central School District location
  • Amherst is Buffalo's wealthiest suburb
  • Village neighborhood surrounded by single family homes

OVERVIEW

16 large luxury apartments with separate tenant utilities in four brick buildings with two attached parking garages. The apartments, at 1,200 sq. ft. to 1,300 sq. ft., feature full hardwood floors, large kitchens, full dining rooms, AC, large bedrooms. Behind the buildings is a tenant courtyard accessed through the parking garages and the entire property is fully landscaped. The basements contain large tenant storage rooms and individual tenant laundry hook ups and a basement workroom. The property is in excellent condition with many recent repairs and capital improvements. All but three of the kitchens have been remodeled to include eat in breakfast bars with new counters and cabinetry, and all the bathrooms have new wall tile or tub surrounds, tile flooring, lighting, grab bars, and other improvements. Wehrle Drive at the intersection with Garrison Rd., in the village of Williamsville, within the town of Amherst. Amherst is Western New York's wealthiest suburb.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$182 USD /SF

# OF UNITS

16

PRICE/UNIT

$175,000

CAP RATE

5.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garrison Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

C

APN/PARCEL ID

142201-081-100-0001-012-200

ASK ABOUT THIS PROPERTY

Brian HeineBrian Heine - Licensed Real Estate BrokerMore Info
716-884-4437

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Brian HeineBrian Heine - Licensed Real Estate BrokerMore Info
716-884-4437

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.